March 6, 2020/US SEC On March 3, 2020, the Securities and Exchange Commission charged two traders in connection with a long running international insider trading scheme. The traders allegedly generated profits of more than $4 million trading in the securities of U.S. public companies in advance of news that these […]
Frauds & Scandals
SEC Charges Three Woodbridge Sales Agents Who Sold and Assisted in Selling Approximately $444 Million in Woodbridge Securities to Retail Investors
March 5, 2020/US SEC The Securities and Exchange Commission today announced charges against Brook Church-Koegel, David H. Goldman, and Nicole J. Walker, three California-based internal sales agents for Woodbridge Group of Companies LLC, for illegally selling Woodbridge securities in unregistered transactions to retail investors in numerous states while acting as […]
SEC Requests Comment on Fund Names Rule; Seeks to Eliminate Misleading Fund Names
March 2, 2020/US SEC The Securities and Exchange Commission requests public comment on its current requirements that restrict the use of potentially misleading fund names. Fund names are often the first piece of information investors see and they can have a significant impact on an investment decision. The request seeks […]
